Why Is Intel Stock Jumping Today?

Shares of Intel (NASDAQ: INTC) are moving higher on Friday, up 5.5% as of 12:50 p.m. ET. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) was up 0.3% and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was flat.The chipmaker's stock is gaining after The Wall Street Journal reported that President Trump is considering a tariff on semiconductor companies that rely too heavily on foreign manufacturers.The Journal reported this morning that President Trump is considering a tariff on chipmakers that manufacture more chips overseas than in the U.S. If companies don't maintain at least a 1-to-1 ratio of chips fabricated domestically to internationally, they could soon face a stiff tariff.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool